Private sector lender RBL Bank announced its Q1FY245 update yesterday, highlighting major growth in deposits and advances. As of June 30, 2024, the bank’s total deposits increased by 18% year-on-year to Rs.101,351 crore, up from Rs.85,636 crore on June 30, 2023. However, deposits saw a 2% decline on a quarter-on-quarter basis. The shares of RBL …
Punjab National Bank (abbreviated as PNB) is one of India’s oldest and most trusted public sector banks, an Indian government public sector bank based in New Delhi. It was founded in May 1894 and is the second-largest public sector bank in India. PNB offers a comprehensive range of financial services, including retail and corporate banking, …
On July 04, 2024, Capital Small Finance Bank announced its key business highlights for the quarter that ended June 30, 2024, in a stock exchange filing. Key Business Highlights for the Quarter ended June 30, 2024 Particulars (₹ in crore) June 30, 2024 (provisional) March 31, 2024 June 30, 2023 Gross Advances 6,391 6,160.00 5,519 …
The World Bank has approved a USD 1.5 billion loan to support India’s initiatives in developing and deploying green hydrogen technologies. This significant investment highlights India’s commitment to clean energy and positions the country as a leader in the emerging green hydrogen market. Boosting Green Hydrogen Production and Electrolyzers The loan will specifically target reforms …
On July 4, 2024, Philogen S.p.A. ( and Sun Pharmaceutical Industries Limited announced via a stock exchange filing that the European Medicines Agency (EMA) had accepted their application to approve Nidlegy™. The application was submitted on June 3, and it has now entered the validation phase by the EMA. “The validation of the dossier by …
On July 04, 2024, Dalmia Bharat Limited announced via a stock exchange filing that Dalmia Cement (Bharat) Limited, a wholly-owned subsidiary of Dalmia Bharat Limited, commenced commercial production of 1.0 MTPA at a new cement mill within its existing Kadapa, Andhra Pradesh plant, effective July 3, 2024. This expansion brings the company’s total capacity to …
One 97 Communications Limited (OCL), the parent company of Paytm, India’s leading digital payments and financial services platform, has launched a new initiative, ‘Paytm Health Saathi,’ specifically designed for its merchant partners. ‘Paytm Health Saathi’ is an exclusive health and income protection plan available through the ‘Paytm for Business’ app. Supporting Merchant Wellbeing and Business …
On July 3, 2024, Infosys Ltd announced via a stock exchange filing that its philanthropic and CSR arm, Infosys Foundation, has entered into a Memorandum of Understanding (MoU) with the ICT Academy of Tamil Nadu, a non-profit organisation. The collaboration aims to enhance the employability of young learners in rural India. Under this partnership, the …
On July 3, 2024, Pearson, a leading global learning company, strengthened its partnership with Veranda Race, a well-known test preparation provider. Together, they are launching comprehensive and hybrid test prep content for Bank Probationary Officer (Bank PO) exams in India. Over 3 million students prepare for these exams annually. The new series includes 8 books …
Insurance provider Go Digit General Insurance Limited raised ₹2,614.65 crore via an Initial Public Offering (IPO) that was open from May 15 to May 17, 2024. On Day 3, the Go Digit IPO witnessed a total subscription of 9.60x. The public issue subscribed 4.27x in the retail category, 12.56x in QIB, and 7.24x in the …
